Omineca Mining and Metals (CVE:OMM) Trading Down 7.7% – Should You Sell?

by · The Markets Daily

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s share price was down 7.7% on Friday . The stock traded as low as C$0.06 and last traded at C$0.06. 280,000 shares were traded during trading, a decline of 3% from the average daily volume of 289,474 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Price Performance

The stock has a market cap of C$16.06 million, a PE ratio of -6.00 and a beta of -0.88. The business has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07. The company has a current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65.

About Omineca Mining and Metals

(Get Free Report)

Omineca Mining and Metals Ltd., a junior resource company, explores for and develops mineral resources in Canada. Its flagship project is the Wingdam gold project covering an area of 50,000 hectares located in the prolific Barkerville gold camp in central British Columbia. The company holds interest in the Fraser Canyon project and Mouse Mountain Project located in British Columbia. The company was incorporated in 2011 and is based in Saskatoon, Canada.

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